Finding the right candidates for your company’s available positions can be difficult enough in a normal marketplace. But, when the marketplace is driven by candidates, the search can be downright challenging. In a candidate driven marketplace, you will find that the pool of qualified employees shrinks very quickly. When this happens, you need to have a plan in place to find an employee for your open job.
Here’s how to find and recruit the best employees in a candidate-driven job market.
Appeal to the Candidate’s Lifestyle
An excellent way to compete in a candidate-driven marketplace is to appeal to the lifestyle of the candidate. Aside from offering an excellent compensation package, offer an employee incentive program that rewards employees for their hard work and dedication to help them achieve their dreams. Also consider offering flexible scheduling so your employees are better able to balance their life outside of the office.
Become a Desired Employer
In order to compete in a candidate-driven marketplace, you will need to become a desired employer. This can be done by promising your employees a place that allows them the chance to build a long-term career. Do not become a company that is just a stop-over for employees as they move up the corporate ladder. Instead, become a company that encourages employees to stay the length of their careers, finishing up in top leadership positions. Provide mentorship and training opportunities to develop your employees.
Focus on an Attractive Culture
The culture at your company needs to be as positive as possible if you want to compete for the best candidates in a candidate driven marketplace. Candidates from Generation Y want to work in an office setting that has a positive culture. They thrive off the atmosphere and want to have co-workers with whom they can get along with and have great interactions with while working together. When you develop an attractive culture, you will be able to bring in some of the most talented candidates in the marketplace.
Look Outside the Box
When you are really struggling to find candidates in a candidate-driven marketplace, consider looking outside the box. Think about hiring entrepreneurs who might be looking to come back to a corporate setting, parents who took time off to raise children, or people who took time off to earn a second or third degree. They will be just as eager to succeed and will bring a wealth of knowledge to your company.
Find Out What Candidates REALLY Want
When interviewing candidates for open jobs, you need to find out what it is they are looking for in their career. Place emphasis on the career goals of the candidates and what their individual ambitions are. When you find this out, you can do your best to make their career dreams attainable.
In a candidate-driven marketplace, a company needs to put in an 110 percent effort in order to find qualified employees for open jobs. If your company uses the information from this post, then finding a strong candidate should not be an issue.
Casey Resources provides a number of services for clients and candidates to be successful in their job search. Contact a leading staffing firm in Chicago to learn more today.